2021 MLaaS Market | Machine Learning as a Service Industry Research Report

Whipsmartmi.com offers "Global Machine Learning as a Service (MLaaS) Market 2021-2027" from its research database.

Global Machine Learning as a Service (MLaaS) Market is projected to grow up to USD 2,802.8 million by 2027 growing at a CAGR of 44% during the forecasting period 2021-2027.

The key competitors operating in the market are Google Inc., Hewlett Packard Enterprise, Microsoft Corporation, FICO, Predictron Labs Ltd., SAS Institute Inc., Yottamine Analytics, Amazon Web Services, BigML Inc., and IBM Corporation.

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Machine learning as-a-service refers to several types of services which provide machine learning capabilities as a part of cloud-computing services. Machine learning as-a-service helps its customers to obtain advantage from machine learning without extra cost, risk and time for making an in-house internal machine learning team. MLaaS provides several advantages such as model evaluation, data pre-processing, model training and predications. Several service providers offer predictive analytics, API, deep learning, natural language processing, data visualization, etc. The key advantage which MLaaS provides to businesses is that it allows them to get started rapidly with machine learning without going through a tedious software installation process. Companies can stimulate their product abilities and offerings, enhance frequent business operation efficiency, make better interaction with consumers and use AI prediction capabilities.

The global market report scope consists of a comprehensive study covering primary factors impacting the industry trends. The study includes analysis of regional and country-level market dynamics. The scope also consists of competitive overview offering company market shares coupled with company profiles for key revenue contributing companies. The report scope covers a detailed competitive outlook covering market shares and profiles of key participants in the market share.

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The Machine Learning as a Service (MLaaS) Market report has been categorized as below

By Component
● Software
● Services

By Organization Size
● Large Enterprises
● Small & Medium Enterprises

By Application
● Marketing & Advertising
● Fraud Detection & Risk Management
● Predictive analytics
● Augmented & Virtual reality
● Natural Language processing
● Computer vision
● Security & surveillance
● Others

By End User

● Aerospace & Defense
● IT & Telecom
● Energy & Utilities
● Public sector
● Manufacturing
● BFSI
● Healthcare
● Retail & Ecommerce
● Others

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